Consumer prices rise 2.7% annually in July, less than expected amid tariff worries

[CNYHarris]

62. Trump and bush caused tens of millions to leave the labor market after abandoning looking for a job

Shadow Stats takes that into the tallies, government stats does not look at the entire unemployed number.

what I don't get is the site shows millions that got unemployed during the bush and trump years from their recessions never returned to work, it shows Republicans ruined America and use manipulated data to hide the sufferings of Americans. Democrats should at least be curious to do things the old ways that does not cook the books.

AI is the last thing we have online for finding the hidden truth that have been removed from the search results.

AI:

Yes, the U.S. unemployment rate (officially known as U-3) does not count people who have left the labor market and stopped looking for work. This is a common criticism of the official unemployment measure, as it may understate true labor market distress.
How the U.S. Measures Unemployment

The Bureau of Labor Statistics (BLS) categorizes the population into different groups:

Employed – People who worked at least 1 hour in the past week (including part-time workers).

Unemployed (U-3) – People who are jobless, actively looked for work in the past 4 weeks, and are available to work.

Not in the Labor Force – People who are not working and not looking for work (e.g., retirees, students, discouraged workers).

Key Issue: If someone gives up looking for a job, they are no longer counted as unemployed—they are classified as "not in the labor force."
Alternative Measures of Unemployment (Including Discouraged Workers)

Because of this limitation, the BLS also publishes broader measures:

U-4: U-3 + "Discouraged workers" (those who stopped looking because they believe no jobs are available).

U-5: U-4 + "Marginally attached workers" (people who looked for work in the past year but not recently).

U-6 (Most Comprehensive): U-5 + Part-time workers who want full-time jobs ("underemployed&quot .

Example (July 2024 Data):
Measure Definition Rate (July 2024)
U-3 Official unemployment 4.1%
U-6 Includes discouraged + underemployed 7.4%

This shows that the U-6 rate is almost twice as high as U-3, indicating hidden labor market weakness.
Criticism & Manipulation Claims

Some economists and commentators argue that the government underreports true unemployment by:

Ignoring Discouraged Workers – Millions have left the labor force since 2008 (especially after COVID-19).

Counting Part-Time as Employed – Even if someone works just 1 hour a week, they’re "employed."

Not Counting "Gig Economy" Struggles – Many workers in unstable jobs aren’t fully captured.

Sources & Further Reading:

BLS Unemployment Measures: BLS.gov

ShadowStats (John Williams): Claims real unemployment is closer to 22% if pre-1994 methods were used. (ShadowStats)

Forbes (2019): "Is The Real Unemployment Rate Twice The Official Rate?"

Conclusion

The official U-3 unemployment rate excludes discouraged and underemployed workers, making the labor market appear stronger than it might be. The U-6 rate is a better indicator of true job market stress.

Would you like historical comparisons (e.g., how unemployment was measured in the 1980s vs. today)?